14-20 Cottage Street, Middletown, NY 10940

$2,800,000

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List Price
$2,800,000
Price Change
▼ $700,000 1781554994
Days on Market
381
MLS#
906087
Status
ACTIVE
Property Type
Industrial
Year Built
1900
Property Tax
$1,200
Neighborhood
Middletown

Property Description

WELCOME TO 14-20 COTTAGE STREET. This nearly 44000SF mixed-use, warehouse compound supports all your Industrial/Warehouse/Distribution needs, set on over 1.4 acres with separate entrances and buildings on the site. Enjoy off-street parking and municipal parking adjacent to the buildings. In addition to 3 loading docks with 10' doors, there are 3 drive in bays with roll-up access. Multiple levels offering different options for a user, existing loft spaces, various ceiling heights with several tenants in place for additional income. This unique space can be fitted for an individual user, or stabilized for the investor. Currently there are multiple users, but a large portion of the warehouse space is used by the owner. There are numerous opportunities, especially with the adjoining Clemson Brewery Property (MLS 906495). Combining both parcels could become a major re-development site, with potential retail and market-rate apartments. Additional information is available for more provocative conversations surrounding the possibilities. DMU zoning is in place as well as assumable, taxes reflect IDA incentives and is not transferrable to new ownership; however, new business can apply for new incentive.

Additional Information

Stories
2
Basement
Partial, See Remarks, Storage Space
Heating
Forced Air, Natural Gas
Cooling
Multi Units
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Chris Scibelli (chris@chrisscibelli.com) from Listing Office: Keller Williams Realty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.